Bengaluru: Union Finance Minister Nirmala Sitharaman on Sunday said fluctuations in the rupee against the US dollar are driven by multiple global and domestic factors, including geopolitical uncertainties, foreign capital movements and India’s import dependence on crude oil, fertilisers and gold. She underlined that the Reserve Bank of India (RBI) intervenes only to curb excessive…
New Delhi: CineNow Ltd, a British Virgin Islands-registered company, is in the process of closing a Rs 1,350 crore fund with commitments from overseas investors and family offices to finance films in India. Most of the commitments have come for this close-ended fund with a tenure of 6 years, CineNow founder director Rohit Dalmia told…
By M. Jaishree Bharat’s much-celebrated demographic dividend may not last as long as policymakers and investors assume. A recent report by investment research firm Invictus Financial warns that the country is approaching a demographic turning point that could fundamentally alter its growth trajectory, fiscal stability and investment landscape over the next three decades. The warning…
Chennai: Tamil Nadu Chief Minister C Joseph Vijay on Friday (June 12, 2026) announced a Kuruvai Special Package for paddy cultivation in the Cauvery delta districts and other areas of the State at a cost of ₹134.83 crore. According to an official release, paddy is cultivated in 52.72 lakh acres across the State. In the…
Mumbai: Benchmark indices ended sharply higher on Friday, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, in tandem with a rally in global markets and a decline in crude oil prices after US President Donald Trump declared that his country has ended the war with Iran. The 30-share BSE…
New Delhi: The government has restricted industrial, commercial and institutional users from buying petrol and diesel from petrol pumps and instead asked them to source their requirements from bulk sale points, according to an official order. The restrictions, which will be in place for up to 90 days, follow abnormal demand growth, particularly that of…
For decades, India’s defence story was dominated by a familiar criticism: a nation with immense talent and ambition remained heavily dependent on foreign suppliers for critical military platforms. While Bharat’s scientists at the Defence Research and Development Organisation (DRDO) have steadily shattered that stereotype through indigenous missiles, radars, and strategic weapon systems, another transformation has…
New Delhi: The government of India has extended the central excise duty exemptions on fuel to petrol blended with 22 per cent, 25 per cent, 27 per cent, and 30 per cent ethanol, according to an official notification. There will be a nil excise duty rate for fuel blends that conform to BIS standards (Bureau…
There is a psychology experiment from 1966 that every investor should know about. A researcher named Elliot Aronson recruited college students and played them audio recordings of a candidate auditioning for a quiz bowl team. The candidates were actors. Some answered 92% of difficult questions correctly and sounded impressively credentialed. Others answered only 30% and…
New Delhi: President Droupadi Murmu on Monday conferred seven Kirti Chakras, including two posthumously, to personnel of the armed forces displaying raw courage, unparalleled bravery, and total disregard for personal safety in the line of duty. Air Commodore Prasanth Balakrishnan Nair, an IAF pilot and a Gaganyatri, is also among the recipients of the Kirti…
